Xiaomi To Launch Redmi Go For Less Than $100
Xiaomi announced the release of the Redmi Go, the company's first Android Go phone, on Jan. 30.
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Tencent-backed Recruitment App Boss Zhipin Files for US IPO
Kanzhun Limited, operator of mobile recruitment app Boss Zhipin, on Friday filed privately for an IPO with the US Securities and Exchange Commission. The firm is looking to list the app on the Nasdaq under the ticker symbol "BZ," according to its preliminary prospectus. No pricing terms were disclosed.
WeRide Signs Strategic Cooperation and Investment Agreements with ONTIME and GAC Group
WeRide, an autonomous driving company, held a signing ceremony for its strategic cooperation and investment with GAC Group and ONTIME on Tuesday.
12/21/20211 min read
Tsinghua University-Backed NLP Startup DeepLang AI Reportedly Has A Valuation of $100M
DeepLang AI, an AI startup founded by a team from the Natural Language Processing Laboratory at Tsinghua University (THUNLP), has completed a new round of financing with a market valuation of approximately $100 million.
4/10/20233 min read
NIO ET7 Sets Sail for Europe
On August 22, Chinese new energy vehicle company NIO announced that its ET7 – the brand's first smart electric flagship sedan – has set sail from a local port bound for Europe.
8/22/20222 min read
Rape Allegation Involving JD.com Founder Richard Liu Ends With Settlement
A rape allegation involving Richard Liu, founder of Chinese e-commerce giant JD.com, has finally come to an end. The lawyers of both sides issued a joint statement showing that they had reached a settlement.
10/2/20223 min read
China VC Weekly: Fintech and Robots
In last week’s VC news, Fintech pros from Airwallex completed a $200 million Series E round at a $4 billion valuation, Autonomous driving startup DeepRoute.ai raised roughly $300 million in Series B round, and more.
9/22/20217 min read
With WeWork's Purchase of NakedHub, Who Will Dominate the Co-working Industry in China?
At 9:30 a.m. on April 12th, Chinese co-working space startup Naked Hub held an internal management meeting to announce that it would sell the company to the U.S...
Oppo Unveils Next-Generation Under-Screen Camera Technology
Oppo announced the latest iteration of its under-screen camera technology on Wednesday, delivering both high display image and camera quality “without compromising the integrity of the screen.”
8/4/20213 min read
Avatr Technology Finishes Inaugural Round of Financing
The first round of financing for Avatr Technology has been completed, as the firm's registered capital has increased from 288 million yuan ($45.2 million) to 1.172 billion yuan.
3/29/20222 min read
BYD Raises Prices of Some Models
Shenzhen-based automaker BYD issued a statement on Tuesday, adjusting the official guide price of its Dynasty and Ocean series models by a range of 3,000 yuan to 6,000 yuan ($472-$943).
3/16/20222 min read
Douyin Launches Upgraded Version of "Mengzhi Plan" to Create High-Quality Popular Science Content for Youth
On January 1, 2022, the upgraded version of Douyin's "Mengzhi Plan," which aims to support educational content creators for youth, was officially launched.